The Robinson Company has the current assets and current liabilities for the two years listed in the text. If sales in 2010 were $1.2 and sales in 2011 were $1.3 million, and cost of goods sold were 70 percent of sales, how long were Robinson's operating cycles and cash conversion cycles in each of these years? What caused them to change during this time?

Net Sales =	$1,200,000.00	$1,300,000.00
Cost of Goods Sold =
Inventory Conversion Period =
Accounts Receivable Period =
Average Payment Period =
Operating Cycle =	243.3	298.8
Cash Conversion Cycle =	156.4	190.2